Industrial Control Systems Security Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2030


Increasing concern over security breaches is a key factor driving industrial control systems security market revenue growth

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The global industrial control systems security market size reached USD 17.09 Billion in 2021 and is expected to register a revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for cloud-enabled industrial control systems security software is driving market revenue growth.

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Industrial Control Systems Security  Market Competitive Outlook:

BAE Systems, Cisco, Honeywell International Inc., Claroty, CyberArk Software Ltd., Airbus, Palo Alto Networks, Sophos Ltd., ABB, and Tenable, Inc.

Emergen Research has segmented global industrial control systems security market on the basis of security type, service, solution, and region:

 Security Type Outlook (Revenue, USD Billion; 2019-2030)

Network

Application

Database

Endpoint

Service Outlook (Revenue, USD Billion; 2019-2030)

Incident Response Services

Support and Maintenance

Managed Security Services

Consultation and Integration

Training and Development

Solution Outlook (Revenue, USD Billion; 2019-2030)

Identity Access Management

Distributed Denial of Service Solution

Firewall

Unified Threat Management

Antivirus/Anti-Malware

SCADA Encryption

Virtualization Security

Security Information and Event Management

Intrusion Detection Prevention

Data Loss Prevention

Others

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Key Highlights From the Industrial Control Systems Security  Market

Managed Security Services segment accounted for second-largest revenue share in 2021. As companies grow and compete, protecting endpoints, assets, and data from exfiltration, breach, or other cybersecurity threats becomes increasingly important. The security landscape's complexity has increased dramatically in recent years. As a result, many companies are now looking to outsource some or all of their cybersecurity functions to a reputable security provider. Managed security services are a service model or capability that cybersecurity service providers offer to monitor and manage security devices, systems, and even Software-as-a-Service (SaaS) applications. A managed security services provider provides security monitoring and management around the clock.

Firewall is a software or firmware that is used to prevent unauthorized access to a network. It thoroughly inspects incoming and outgoing traffic using a set of rules to identify and block threats. Firewalls are important as they serve as the foundation for network security in modern computing. Most devices utilize firewalls to mitigate threats and also to inspect traffic. The aforementioned benefits are making modern companies incorporate them into their security information and event management strategy along with other security devices. 

Market in North America accounted for largest revenue share in 2021. The rising adoption of robotic process automation systems across all industries is driving market growth in this region. Moreover, the US is the world's leading supplier of cutting-edge software and information technology. Moreover, the US software firms operate in a mature, standardized market, and have a reputation for developing dependable and effective solutions.

Regional Segmentation Industrial Control Systems Security  Market

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the report provides a qualitative and quantitative analysis of the Global Industrial Control Systems Security market, including the global and regional analysis of the market. The study covers critical information and factual data about the Industrial Control Systems Security market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Industrial Control Systems Security market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Industrial Control Systems Security market industry.

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